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Honda Accord Lease Questions

2718 messages,  Last post on Aug 19, 2008 at 7:32 AM

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What is this discussion about? Honda Accord, Car Leasing, Coupe, Sedan

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#1666 of 2718 Re: '07 Honda Accord EX lease [garrick] by donaldj1 Aug 27, 2007 (9:37 am)
Replying to: garrick (Aug 27, 2007 8:15 am) I picked up the car on August 21st. The dealer was Peters of Nashua NH. It took almost a full week to get the car as they didn't have one in stock. They said the EX 4 cyl. was in short supply & the demand was still pretty high for that trim level. Peters is a fairly high volume dealer here in southern NH, selling 160 or so cars a month (or so I am told). I gave them my color preferences & they found me one at a dealer in another part of the state. It took nearly a week to get the car delivered as the sales managers of competing dealers don't like to give them up!
#1667 of 2718 Buy/base rate & redidual '07 Accord EX-L lease? by hannab Aug 27, 2007 (9:52 am)
Replying to: Car_man (Aug 15, 2007 2:37 am) Thanks to all for the great info on this site. Does anyone know the current base rate and residual values for the 2007 Honda Accord EX-L (no nav, 4 cyl), through Honda Financial Services. TIA Replies to this message: garrick (Aug 27, 2007 10:13 am) Car_man (Aug 30, 2007 3:44 am)
#1668 of 2718 Re: Buy/base rate & redidual '07 Accord EX-L lease? [hannab] by garrick Aug 27, 2007 (10:13 am)
Replying to: hannab (Aug 27, 2007 9:52 am) see the note above for the EX and EX-L
#1670 of 2718 Dont Lease an 2007 ACCORD just YET! by kamran310 Aug 28, 2007 (6:34 pm)
If you notice 2 days ago Honda has put up a section for the 2008 accord on their main website at   http://automobiles.honda.com/   The current 2007 accord lease money factors they have running are very low, but are only good until Sept 4th 2007, with the 2008 accord coming to dealers first week of October, it can only mean that the 2007 accord is going to have a MUCH better money factor on it.   Flashback to the time when the new Altima was coming out, a month before it, Nissan was giving out Altima leases for $99 a month with only $99 down!   So it only makes sense that the 2007 accords new money factors are going to get a lot better after Sept 4th, this is what my friend who's in finance told me over at Scott Robinson Honda.   SO I WOULD SUGGEST TO HOLD OUT ON ACCORD LEASES FOR NOW!
#1671 of 2718 Re: EX I4 AT lease - mid-NJ [wilkich84] by Car_man HOST Aug 29, 2007 (3:23 am)
Replying to: wilkich84 (Aug 15, 2007 7:14 pm) Hi wilkich84. According to my calculations, if you were to lease a 2007 Honda Accord EX 4-cylinder Sedan that has an MSRP of $23,945 and a selling price of $20,775 through Honda Finance right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $221.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: wilkich84 (Aug 30, 2007 8:49 am) wilkich84 (Sep 04, 2007 3:07 pm)
#1672 of 2718 Re: 24 month lease ACCORD EX-L [providince] by Car_man HOST Aug 29, 2007 (3:45 am)
Replying to: providince (Aug 15, 2007 7:22 pm) Hi providince. Let's work up a lease payment on the car that you're interested in and see what we come up with. According to my calculations, if you were to lease a 2007 Honda Accord EX-L 4-cyl. with navigation that has an MSRP of $27,645 and a selling price of $25,599 ($500 over invoice) through Honda Finance right now for 36 months with 15,000 miles per year, its zero down, pre-tax monthly payment would be around $331. The payment for an otherwise identical lease on an '07 Accord EX V6 with navigation that has an MSRP of $29,995 and a selling price of $27,722 ($500 over invoice) would be around $359. These payments assume that you qualify for Honda Finance's "Super Preferred" credit tier and pay a security deposit at lease signing.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1673 of 2718 Re: 48 Month Lease 15K/year Accord EX-L [ryandbrimhall] by Car_man HOST Aug 29, 2007 (3:54 am)
Replying to: ryandbrimhall (Aug 16, 2007 10:31 pm) Hi Danny. The reason why you keep seeing information about 24 and 36 month leases of the Accord is that Honda's special lease program on it is available for up to 36 months. It doesn't make sense to lease this car for longer than 36 months because if one does, its money factor will increase fivefold from .00050 to .00275.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1674 of 2718 New Accord 07 EX-L leases by garrick Aug 29, 2007 (6:49 am)
Replying to: wilkich84 (Aug 24, 2007 7:14 pm) FYI - There appears to be a big difference in Accord lease pricing between East and West Coasts or more specifically, NY metro area and the rest of the country.   After much research and many negotiations I settled on a deal last night, $500 under invoice with a 57% residual and nothing out of pocket up front except DMV charge.   EX-L Graphite $305   Most of the quotes were relatively the same at around $311 - $315. Even a trusted lease broker in the NY area couldn't get below $312.   California appears to be better for negotiations and leasing an Accord.   Possibly a shorter supply in the NY area and an unwillingness or dealers to do locates. Replies to this message: Car_man (Aug 30, 2007 3:45 am)
#1675 of 2718 '07 Accord EX-L Lease by yankees338 Aug 29, 2007 (9:22 am)
Hello. I'm currently shopping for an '07 Accord coupe. What can I expect to pay for an '07 EX-L Coupe (no nav., no v6) with $0 down (cap cost) for around 36 months? Thanks! Replies to this message: Car_man (Aug 30, 2007 3:49 am) yankees338 (Sep 02, 2007 8:15 pm)

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